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Several studies have highlighted the role of feedback mechanisms in the success of electronic marketplaces. In this current experiment, we attempt to isolate experimentally the role of reputation and social (dis)approval associated to ratings using a trust game experiment with the opportunity to...
Persistent link: https://www.econbiz.de/10010854381
This paper reports the results of a laboratory experiment that aims at investigating the effect of manipulating reputation in the context of online decentralized feedback systems, such as eBay. Our experimental results indicate that the agents do not hesitate to manipulate their reputation even...
Persistent link: https://www.econbiz.de/10008756100
Several previous studies have highlighted the role of feedback mechanisms in the success of electronic marketplaces. This paper contends that the effectiveness of online feedback mechanisms passes through two channels, namely a ‘reputational’ effect that has been largely documented in the...
Persistent link: https://www.econbiz.de/10011263913
Several online market sites, such as eBay, have implemented reputation management mechanisms in order to improve cooperation. In this article, we aim at investigating the emergence of trust and cooperation in presence of reputation mechanism. In a series of experiments based on the trust game...
Persistent link: https://www.econbiz.de/10005771918
The eBay Feedback Forum is claimed to be a crucial component of the success of eBay. Many empirical studies have found that this feedback system exerts a deterrent effect on the opportunistic behavior the Internet's anonymity may incite buyers and sellers to adopt. The feedback system in place...
Persistent link: https://www.econbiz.de/10005771919
Feedback systems are claimed to be a crucial component of the success of electronic marketplaces like eBay or Amazon Marketplace. This article aims to compare the effects of various feedback systems on trust between anonymous traders, through a set of experiments based on the trust game. Our...
Persistent link: https://www.econbiz.de/10010549437
Several online marketplaces, like eBay provide their users with reputation management mechanisms (evaluations, ratings,...). This article aims at investigating the impact of these reputation mechanisms on trust building and market efficiency, through a set of experiments based on the trust game...
Persistent link: https://www.econbiz.de/10008679974
Persistent link: https://www.econbiz.de/10011089401
In this paper we replicate and extend the experiment of Fehr and Gaechter (2000) that analyzes the effect of an opportunity to punish others on the level contributions in the Voluntary Contributions Mechanism.
Persistent link: https://www.econbiz.de/10005786817
This paper develops a model of oligopolistic price competition to analyze the impact of online intermediaries such as Autobytel.com on the price setting process in the automobile market. The roles of dealer search costs, the fraction of buyers using the intermediary, the value of the item being...
Persistent link: https://www.econbiz.de/10005490006